MKP Chartered Professional Accountants is now officially PDC Accounting Evolved
PDC Accounting provides accounting, tax, and advisory services for healthcare practitioners and professionals across British Columbia and Ontario. We work with physicians, dentists, physiotherapists, chiropractors, consultants, therapists, and other independent practitioners to support the financial and operational aspects of professional practice ownership.
Our team understands the unique financial considerations of running a professional practice and provides structured support designed to help practitioners build lasting financial health.
Running a professional practice means balancing clinical or client-facing demands with the complexities of business ownership. From professional corporation structures to billing reconciliation and retirement planning, the financial needs of practitioners are distinct from typical business accounting.
PDC Accounting works with healthcare and professional practitioners to provide accounting services tailored to practice-based operations. Our approach integrates tax planning, bookkeeping, and advisory support to help practitioners make informed financial decisions and build long-term wealth.
Our approach emphasizes coordination between accounting, tax planning, and advisory services. We understand that professional practitioners often have complex tax situations involving professional corporations, income splitting, and wealth-building strategies that differ significantly from standard business accounting.
We work closely with practitioners to provide ongoing financial guidance — not just at tax time — helping them stay informed about their financial position and make decisions that support both practice growth and personal financial objectives.
Professional practice accounting requirements differ between British Columbia and Ontario:
British Columbia:
GST applies to many professional services. MSP billing considerations for healthcare practitioners. WorkSafeBC reporting for staff.
Ontario:
HST applies. OHIP billing considerations for healthcare practitioners. WSIB reporting for staff.
PDC Accounting ensures all compliance and reporting reflects the correct provincial framework.
Service availability may vary based on engagement requirements.
Do you help with professional corporation setup?
Yes. We provide guidance on incorporation, structuring, and ongoing corporate tax planning for professional corporations.
How is professional practice accounting different from regular business accounting?
Professional practices often involve unique considerations such as professional corporation rules, income splitting opportunities, practice-specific billing, and specialized wealth-building strategies for high-income earners.
Do you work with group practices?
Yes. We work with both solo practitioners and group practices, tailoring services to reflect the specific structure and needs of the practice.
Can you help with practice valuation?
Yes. Practice valuation is an important component of exit planning and associate buy-in structuring. We support practitioners with financial analysis and valuation considerations as part of broader planning discussions.
Do you support practitioners in both BC and Ontario?
Yes. We serve healthcare and professional practitioners across all firm locations, with services adapted to provincial requirements.
If you’re a healthcare practitioner or professional looking for accounting support tailored to the unique demands of practice ownership, we’d welcome the opportunity to connect.
